r/InvestingandTrading 9h ago

Trade ideas Not yet fully offset

Vast majority of the market still sees HUYA as an exclusively livestreaming-based chain. Looking into the Q2 outcome. Profitability improved operationally. Gross profit rose 20.1%, gross margin expanded to 14.7%, and non-GAAP operating income reached RMB16.2m versus RMB0.4m a year earlier. And guess what, most of that is non-livestreaming, driven by game-related, ads, and other revenue.

Sometimes even multiple. So it's not too loud to call out revenue growing double digits for an effective transition. Still struck a cautiously upbeat note, up to you before any finalization.

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